I know you only see the 16.0 million BLILF shares. But actually there are BRZ incl. BLILF ) fully diluted 71.8 million shares that should be included in an open calculation. Especially since in the foreseeable future, the acquisition or a merger between BRZ ( incl. BLILF) is expected with another side. Then your calculation basis will certainly not be taken. ( Where ) am I wrong ?